The Channel Islands play a vital role in strengthening the UK’s economic resilience and global competitiveness. As long-standing partners of the United Kingdom and key parts of the wider British family, the islands form a highly specialised network of international finance centres that channels significant global capital into key areas of the UK economy — including infrastructure, housing, digital connectivity and sustainable technologies.
In partnership with Jersey Finance and Guernsey Finance, this paper examines the distinct yet complementary strengths each island brings to the British family of financial centres across funds, private wealth, corporate services, insurance and cross-border investment, underpinned by deep expertise and consistently high regulatory standards. The Channel Islands’ mature, well-regulated environments provide investors with the confidence, transparency and stability required to deploy capital securely into the UK. Together, they amplify the UK’s global financial reach — funnelling investment into communities, supporting businesses, and helping people to save for the future, buy a home, invest and manage risk.
Key findings include:
The Channel Islands
- together, Jersey and Guernsey support the UK’s economic resilience and global competitiveness by enabling capital to flow efficiently into key sectors of the economy.
Jersey’s contribution
- a gateway for almost £500bn of foreign investment into the UK, supporting 951,000 jobs and £62bn in GDP.
Guernsey’s contribution
- Over 72% of Guernsey’s foreign direct investment in 2023 went to the UK. Guernsey funds channel £58bn of international capital into the UK, with a further £23bn expected, while around 40% of FTSE 100 companies rely on Guernsey for captive insurance and risk management.
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